Applying Dependency Structure Matrix And Monte Carlo Simulation To Predict Change In Construction Project
APPLYING DEPENDENCY STRUCTURE MATRIX AND MONTE CARLO SIMULATION TO PREDICT CHANGE IN CONSTRUCTION PROJECT
ZHEN-YU ZHAO, QIAN-LEI LV, WEI-YANG YOU
School of Business Administration, North China Electric Power Univ., Beijing 102206,China
E-MAIL: zhaozhenyuxm@263.net, seawolf47@163.com, ywy132639@163.com
Abstract:
Change management is an important aspect in construction project management, as changes constitute the main cause of schedule delay, cost overrun and other distributions. Many change management systems has been developed to minimize the impacts of change or facilitate changes management. However, change should be predicted as early as possible, and the problems can be identified and beneficial modification can be made as soon as possible. In this paper, an change prediction system using activity-based Dependency Structure Matrix (DSM) was developed to facilitate managing change, which can identify the possible changes in construction project. The outputs of the......
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Approximate Word Count: 3640
Approximate Pages: 15 (250 words per double-spaced page)
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